– Egypt’s net international reserves rose to a record $57.5 billion at the end of October 2026, up $151.6 million from September, according to data released by the Central Bank of Egypt (CBE). Reserves stood at $57.4998 billion at the
Business
– Egypt’s net international reserves rose to a record $57.5 billion at the end of October 2026, up $151.6 million from September, according to data released by the Central Bank of Egypt (CBE). Reserves stood at $57.4998 billion at the
– Botswana’s diamond-dependent economy is showing signs of recovery after a two-year slump, with fiscal authorities raising this year’s growth forecast to 3.8% from an initial 3.1%. The upgrade reflects stronger diamond production in the first half of the year.
– Gold and silver prices jumped on Wednesday, while the US dollar fell, as projections pointed to major Democratic gains in the US midterm elections. Spot gold rose 3.4% to $4,061.30 an ounce, and spot silver climbed 5.1% to $52.29
– Indonesia recorded a cumulative trade surplus of $10.61 billion from January to September 2026, driven mainly by strong non-oil and gas exports, Statistics Indonesia (BPS) said on Monday. Non-oil and gas trade generated a surplus of $34.21 billion, more
– Half of Africa’s 20 largest banks are building a multi-billion-shilling war chest to expand in Kenya, racing for a share of one of East Africa’s most profitable financial services markets. The lenders are injecting fresh capital into their Kenyan
– South Korea’s exports jumped 93.7% from a year earlier to a record $115.3 billion in October, driven largely by a sharp rise in semiconductor shipments. The Ministry of Trade, Industry and Resources released the data on Sunday. Imports rose
Travel
– Türkiye aims to become the world’s sixth-highest-earning country in tourism revenue, backed by a larger budget allocation for the sector in 2027. The 2027 central government budget draft sets tourism funding at $244.5 million, up from $188.4 million this
Middle East and Africa Private Market Place (MEAPMP) today announced the commercial launch of its revamped independent supply-side platform (SSP) and curated media marketplace, connecting enterprise media buyers and agencies directly with premium regional inventory across 73 countries. Operating from

